SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SINGER DAVID V

(Last)

(First)

(Middle)

13024 BALLANTYNE CORPORATE PL.

STE. 900

(Street)

CHARLOTTE

28277

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SNYDER'S-LANCE, INC. [ LNCE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2012

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
$.83-1/3 par value Common Stock								163,175⁽¹⁾	D
$.83-1/3 par value Common Stock								3,000⁽²⁾	D
$.83-1/3 par value Common Stock	02/23/2012		F		2,967	D	$22.41	18,284⁽³⁾	D
$.83-1/3 par value Common Stock	02/23/2012		A		26,802	A	$22.41	26,802⁽⁴⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option (right to buy)⁽⁵⁾	$17.38							02/08/2007⁽⁸⁾	02/08/2016	Common Stock	83,652		83,652	D
Option (right to buy)⁽⁶⁾	$17.43							03/08/2008⁽⁸⁾	03/08/2017	Common Stock	100,000		100,000	D
Option (right to buy)⁽⁷⁾	$19.44							02/23/2010⁽⁸⁾	02/23/2019	Common Stock	92,196		92,196	D
Option (right to buy)⁽⁷⁾	$19.71							12/02/2010⁽⁸⁾	02/25/2020	Common Stock	85,287		85,287	D
Option (right to buy)⁽⁷⁾	$17.32							02/23/2012⁽⁹⁾	02/23/2021	Common Stock	103,260		103,260	D
Option (right to buy)⁽⁷⁾	$22.41	02/23/2012		A		99,165		02/23/2013⁽¹⁰⁾	02/23/2022	Common Stock	99,165	$0	99,165	D

Explanation of Responses:

1. Includes 6,175 shares that vested on 2/23/2012.

2. Shares issued pursuant to the Lance, Inc. 2003 Director Stock Plan, a Rule 16b-3 Plan.

3. Restricted shares awarded pursuant to the 2007 Key Employee Incentive Plan, a Rule 16b-3 Plan. Shares vest in three (3) equal annual installments beginning 2/23/2012.

4. Restricted shares awarded pursuant to the 2007 Key Employee Incentive Plan, a Rule 16b-3 Plan. Shares vest in three (3) equal annual installments beginning 2/23/2013.

5. Options granted pursuant to the 2003 Key Employee Stock Plan, a Rule 16b-3 Plan.

6. Options granted pursuant to the 2003 Key Employee Stock Plan, as amended, a Rule 16b-3 Plan.

7. Options granted pursuant to the 2007 Key Employee Incentive Plan, a Rule 16b-3 Plan.

8. Options are fully exercisable.

9. Options become exercisable in three (3) equal annual installments beginning 2/23/2012.

10. Options become exercisable in three (3) equal annual installments beginning 2/23/2013.

Remarks:

	David V. Singer by /s/ A. Zachary Smith III, his Attorney-In-Fact	02/27/2012
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.